CME eyes on $225: Major front with only scattered clouds above

13 Nov

CME has been struggling up against a major resistance zone.
Golden Genesis plus Golden Cofid fibs in a tight confluence.
Break should run given only minor fibs for some distance above.

$ 225.53 - 226.56 is the immediate zone of interest.
$ 218.47 below is first support for SL protection.
$ 239.66 is first hurdle and should be easy target.

========================================================

3 Dis

Dagangan aktif

Houston: We have IGNITION

Yellow area is from posting time onward.

.

Zoom in a bit for a closer look

We got a nice launch off our mapped zone.
Popped right up to the Covid fib as first target.
Recognized the fib, but now looks to break it.

.

Looking ahead a bit

Second target will be next Covid fib at $247.77
But lets first see a break and retest of $239.66

.

SUMMARY
- Perfect launch form our zone at $225
- Popped exactly to first target at $239
- Now looking for next target at $247.77

=================================================================

.